Reference is made to the notice of annual general meeting in Storm
Real Estate ASA and key information regarding the contemplated
rights offering published on 24 April 2017. Updated key information
is included below:
Key information relating to the preferential rights issue to be
carried out by Storm Real Estate ASA
Date on which the terms and conditions of the preferential rights
issue were announced: 20.04.2017
Last day including right: 6 June 2017
Ex-date: 7 June 2017
Record Date: 8 June 2017
Date of approval: 11 May 2017
Maximum number of new shares: between 2 697 263 and 70.000.000
Subscription price: Between NOK 0,40 and NOK 5
Will the rights be listed - yes/no: Yes
Other information (optional): The board has proposed an interval of
between NOK 0.40 and NOK 5 per share. The Company has entered into
guarantee agreements which implies a guaranteed subscription of up
to 48.17% of the planned rights offering of NOK 28 million. The
subscription price will be determined by the Board prior to
commencement of the subscription period. The final subscription
price and number of shares offered will be announced to the market
before the share trades exclusive of the right to participate in the
rights offering.
This information is published in accordance with the requirements of
the Continuing Obligations.